4 ms·

Ask HN: How to get into computerized sports betting?

• PaulHoule 5y ago
  As a player? To run a sports book?
  • sydthrowaway 5y ago
    As a gambler. To make money.
    • PaulHoule 5y ago
      Study "market making" in the stock and options markets. The most important concept to understand is https://en.wikipedia.org/wiki/Kelly_criterion https://en.wikipedia.org/wiki/Kelly_criterion That is, you make money trading if you have a predictive model and use Kelly to turn that into bets. See this book https://www.amazon.com/Dr-Beat-Racetrack-William-Ziemba/dp/1635617200 https://www.amazon.com/Dr-Beat-Racetrack-William-Ziemba/dp/1... for a strategy that still works and an example of "predictive model + Kelly". (e.g. that strategy still works because anybody who masters it and would scale it up goes on to Wall Street and plays for bigger stakes)
• al2o3cr 5y ago
  To get started, you'll want to make sure you have a fully-compliant wallet to keep your winnings in. Put all the money you have right now into your wallet and mail it to The Wallet Inspector for certification.